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The next dividend for the Gordon Growth Company will be $5 per share. Investors require a 20 percent return on companies such as Gordon. Gordons
- The next dividend for the Gordon Growth Company will be $5 per share. Investors require a 20 percent return on companies such as Gordon. Gordons dividend increases by 10 percent every year. Based on the dividend growth model, what is the value of Gordons stock today? What is the value in five years?
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